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Marina CMI [18]
3 years ago
5

You are currently getting 26 sales opportunities per day and closing 64% of them. Employee: Wow, I am closing __________ sales o

pportunities per day!
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

The correct word for the blank space is: 16.

Explanation:

Percentages represent part of a number. The result could be higher or lower than the original number. Percentages are calculated by multiplying the original number for the amount of the percentage desired and dividing that preliminary result by one hundred (100).

Thus, in the example:

Sales closed per day = (Sale opportunities) x (percentage of sales closed)  

Sales closed per day = 26 x 64%

Sales closed per day = 26 x (64/100)

Sales closed per day = 16,64

As sales cannot be fractioned, the sales closed per day are 16.

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An employee’s ability to perform his or her job effectively is referred to as
Zigmanuir [339]

Answer:

Option B is your answer ☺️☺️☺️

6 0
3 years ago
Presented below are the basic assumptions and principles underlying financial statements. a. Historical cost principle d. Going
dimulka [17.4K]

Answer:

1. Periodicity assumption.

2. Going concern assumption.

3. Historical cost principle.

4. Economic entity assumption.

5. Full disclosure principle.

6. Monetary unit assumption.

Explanation:

1. <u><em>Periodicity assumption</em></u>: The economic life of a business can be divided into artificial time periods. It is also known as the Time period assumption.

2. <em><u>Going concern assumption</u></em>: The business will continue in operation long enough to carry out its existing objectives.

3. <em><u>Historical cost principle</u></em>: Assets should be recorded at their acquisition cost.

4. <em><u>Economic entity assumption</u></em>: Economic events can be identified with a particular unit of accountability.

5. <em><u>Full disclosure principle</u></em>: Circumstances and events that could make a difference to financial statement users should be disclosed.

6. <em><u>Monetary unit assumption</u></em>: Only transaction data that can be expressed in terms of money should be included in the accounting records.

5 0
3 years ago
- What is the conventional wisdom when it comes to what good debt is vs. bad debt?
Ede4ka [16]

good debt is for buying assets : things that will be worth more in the future

bad debt is for buying liabilities : things that will be worth less in the future

6 0
2 years ago
Read 2 more answers
Total 0 1 to 30 31 to 60 61 to 90 over 90
natulia [17]

Answer:

a. $25,650

b. Journal entries

Explanation:

The computation is shown below:

a. The balance of the Allowance for Doubtful Accounts is

=  Total account receivable × estimated percentage

= $570,000 × 4.5%

= $25,650

b. The adjusting entry is as follows

Bad Debt Expense  $13,650       ($25,650 - $12,000)

         To Allowance for Doubtful Accounts $13,650

(Being the bad debt expense is recorded)

c. The adjusting entry is as follows

Bad Debt Expense  $26,650       ($25,650 + $1,000)

         To Allowance for Doubtful Accounts $26,650

(Being the bad debt expense is recorded)

4 0
3 years ago
Andrew initially worked with a travel website for few months and then became self-employed by starting a martial arts school, wh
Romashka [77]

Answer:

A. Volatility

Explanation:

Volatility refers to high level of fluctuations with little or no consistency. It also refers to the variation in an activity with no constancy.

In the given case, Andrew keeps on swapping jobs within a short duration of time, and in varied fields of little similarity. This conveys a high degree of volatility in Andrew's work habits since he is unable to stick to one job or a field of job.

The changes in his employment structure reveal a pattern of high level of deviations, fluctuations referred to as Volatility.

5 0
3 years ago
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